Senior (LON:SNR) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• Senior crossed above its 200-day moving average, trading as high as GBX 286 and last at GBX 285.02 versus the 200-day MA of GBX 233.56, on a volume of 105,380,156 shares.
• Deutsche Bank upgraded Senior to a "buy" and raised its price target from GBX 215 to GBX 255; the consensus from three analysts is a "Buy" with an average target of GBX 253.33.
• Company and insider activity: Senior has a market cap of £1.17 billion and a P/E of -279.43, reported quarterly EPS of GBX 9.65, and insider David Squires sold 188,125 shares at GBX 279 (insiders own 1.48%).

Senior plc (LON:SNR - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 233.56 and traded as high as GBX 286. Senior shares last traded at GBX 285.02, with a volume of 105,380,156 shares.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on Senior from GBX 215 to GBX 255 and gave the stock a "buy" rating in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of GBX 253.33.

Senior Stock Performance

The company has a market capitalization of £1.17 billion, a P/E ratio of -279.43, a price-to-earnings-growth ratio of 0.11 and a beta of 1.19. The firm has a 50 day moving average price of GBX 284.72 and a two-hundred day moving average price of GBX 233.56. The company has a debt-to-equity ratio of 52.41, a quick ratio of 0.84 and a current ratio of 1.69.

Senior (LON:SNR - Get Free Report) last released its quarterly earnings data on Monday, March 2nd. The company reported GBX 9.65 earnings per share for the quarter. Senior had a return on equity of 7.31% and a net margin of 3.98%. On average, research analysts expect that Senior plc will post 5.8304196 earnings per share for the current fiscal year.

Insider Buying and Selling at Senior

In other news, insider David Squires sold 188,125 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of GBX 279, for a total value of £524,868.75. Corporate insiders own 1.48% of the company's stock.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*. Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets. The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.

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